Legal

• Provisions on Several Issues Concerning the Trial of Cases by Internet Courts

  关于互联网法院审理案件若干问题的规定

  China internet courts recognize blockchain technology as a means of electronic evidence storage

  November 21, 2018

• In the News: New Patent Regulations, New Futures Product, and Improved Judicial Transparency

  Amended regulations for patent agents will take effect in March 2019; trading of ethanediol futures on the Dalian Exchange starts in December; and the Supreme Court is updating China's online court documents depository.

  November 19, 2018

  

• Legislation roundup: Blockchain, share buybacks and insurance asset management

  Blockchain information services will be subject to record filing, listed companies are encouraged to buy back their shares and insurance capital may be invested to alleviate liquidity risks of listed companies

  November 14, 2018

• Standing Committee of the National People's Congress, Decision on Extending the Period of Authorization of the State Council to Launch a Pilot Project for the Marketing Authorization Holder System in Certain Regions

  全国人民代表大会常务委员会关于延长授权国务院在部分地方开展药品上市许可持有人制度试点期限的决定

  The pilot period for the drug MAH scheme is extended

  November 14, 2018

• People's Bank of China, China Banking and Insurance Regulatory Commission and China Securities Regulatory Commission, Measures for the Administration of Anti-money Laundering and Anti-terrorist Financing by Institutions Engaging in Internet Financing (Trial Implementation)

  中国人民银行、中国银行保险监督管理委员会、中国证券监督管理委员会互联网金融从业机构反洗钱和反恐怖融资管理办法 (试行)

  Internet financing institutions are required to guard against anti-money laundering and anti-terrorist financing

  November 14, 2018

• Doing Business With Lawyers in China

  James Dubow, Managing Director, Asia of Alvarez & Marsal shares with China Law & Practice his experience in working with law firms in China, and how far they have come 25 years on. A&M is known for their work in transforming companies' management and performance

  November 14, 2018

  

• In the News: Shanghai-London Stock Connect; China-Singapore FTA; and Protection for Entrepreneurs

  Top CSRC official said Shanghai-London Stock Connect will launch by year's end; China and Singapore sign agreement to upgrade Free Trade Agreement; and the Supreme People's Court plans new guidelines to separate commercial disputes from economic crimes.

  November 13, 2018

  

• HKIAC Introduces New Rules

  The Hong Kong International ArbitrationCenter (HKIAC) introduced a new version of itsAdministered Arbitration Rules (2018 Rules) whichcame into effect on November 1. The 2018 Rulesintroduce amendments relevant to the use oftechnology, third party funding, multi-party andmulti-contract arbitration, among others. AlfredIp of Hugill & Ip summarizes the newly enforcedamendments

  November 08, 2018

  

• State Council, Decision on Revising the «PRC Regulations for the Administration of Foreign-invested Banks» (Draft for Comments)

  国务院关于修改〈中华人民共和国外资银行管理条例〉的决定 (征求意见稿)

  Issued: October 25 2018 Main contents: A foreign bank may simultaneously establish a wholly foreign-owned bank and a foreign bank branch,…

  November 07, 2018

• Legislation roundup: Stamp Tax, Shanghai FTZ and pharma

  Stamp tax may be exempted for housing transactions, Shanghai FTZ encourages foreign investment in the financial sector and the period for the drug MAH scheme is extended

  November 07, 2018